North Korea' Command Economy is Based on Agriculture and Natural Resources

However, due to poor soil and lots of floods, farming is a hard job to do in North Korea and because of this fact, many of the nation’s people live in poverty because of the focus on having a lot of agricultural workers, but the Kim family continues to maintain their power but Kim Jong Un maintains his power differently than his grandfather and that is why he is able to keep his power.

North Korea’s economy is very different then the United States’ economy. Even though one dollar in American money doesn’t seem much to us Americans, it is worth nine-hundred dollars in their currency. North Korea’s main sources of income are military products, machine building, electrical power, chemicals, mining, metallurgy, textiles, food processing and tourism. North Korea’s overall condition of the economy is not good.

North Korea is a country that is ruled by a dictator and has a communist government. A communist government rules all the land and gives the same amount of money and supplies to all the people in the country. “Daily Necessities were obtained from the Public Distribution System (PDS)” (95,Hassig). The PDS shut down in 1995 because foreign aid was cut off expect for Pyongyang, the capital city. In rural areas, a lot of the children were born as “no-count” meaning that when they were born they weren’t counted as part of the existing society and didn’t have supplies given to them. North Korea was once a unified country with South Korea until September 9, 1948 when it became a separate country. From 1910 to 1945 Japan had ruled

Present day ruler, Kim Jong Un is known for his cruel ways of ruling and his nuclear power. North Korea has no religion, as it is discouraged. Because there is no religion, most citizens get into fights about their ideas of religion. Other people are too afraid to talk about their religion and even pass it on to their children because of what Kim Jong Un might do. Kim is known for executing people to get his way. Since he came to power, he has ordered at least three hundred and forty people to death. One hundred and forty of these people were apart of his government. Due to the executions, his people fear him. On a different topic, North Korea is the 119th largest trading economy in the world, exporting 2.83 billion dollars and importing 3.47 billion dollars. North Korea's largest trading partner is China, gaining food and energy. Other trading partners include, Pakistan, Asia, Russia, etc. China was also the one who gave North Korea nuclear weapons. North Korea was short on nuclear weapons and Kim decided it was time to advance the weaponry. As of 2014, the North Korean Army has 950,000

In North Korea, the government strictly controls the economy. The economy is driven by its major natural resources, agricultural, and industrial products. Natural resources, such as minerals, graphite, and coal, are found, but not abundantly. Agricultural products that are production are grains, rice, and beans. Industrial products include weapons and steel. North Korea has little

Because they know that the future will be in the hands of the young generation, they brainwash them to continue this totalitarian government and communistic society. What is being shared about the economy of North Korea is that it is growing. Of course, most are uncertain about this claim because North Korea does not share economic data. In Anthem, the no progress

Following the Korean War and the rebuilding of their societies, both North Korea and South Korea’s economies have depreciated and fluctuated. With their different economic systems, one using the military and the other using trade, they both have received different results.

This paper will delve into the little known aspects of North Korea. Hopefully, a better understanding of the country’s characteristics can benefit both the neighboring

They targeted specific industries for development and the first were textiles and light manufacturing then to iron, steel, and chemicals(Yu, Lew). By joining the “Organisation for Economic Co-operation and Development”(Yu, Lew) to advance to the next level of economic growth(Yu, Lew). South Korea obtained all parameters; political, military, and economic from the U.S and recovered from the Asian financial crisis in 1997. On the other hand, North Korea developed a government having a highly centralized political system. North Korea developed into the most isolated and controlled state showing no sign of both political and economic

Nestled in the north peninsula of Korea in East Asia lies North Korea also referred to as The Peoples Republic of Korea and is divided into nine provinces. The nation has an extensive infrastructure, but not modernized and is underdeveloped. Communism consumes North Korea where isolationism and dictatorship are staples in the government. Every aspect of the nation is state regulated and laws are carried out diligently with serious reprisal for disobedience. North Korea prides itself on their military abilities and puts forth the interests of the military before anything. Despite severe food shortages, economic instability, and lack of electricity, North Korea is undeterred in their efforts to maintain the fourth largest military in the world.

Famine is the one of the biggest problems in the world. More than 800 million people are suffering from hunger. The people of North Korea suffer from hunger on the level of the notorious Somalia, Sudan, and Ethiopia famines. They just suffer in silence behind the world media. There are several facts about the North Korea famine. One of the main factors for the North Korea famine is political problems: The North Korean government ignores s people’s everyday lives and only does things for preparing war. Moreover, the North Korean government, North Korea dose not like allow relief agencies to personally deliver the grain

Back in Washington, President Clinton’s administration concluded that North Korea was reviving their nuclear missile program and demanded access to the suspected facilities being built. Pyongyang, the capital of North Korea, granted access to multiple locations to U.S. officials for inspection of facilities in exchange for financial aid and food (Hathaway & Tama 724). North Korea’s negotiation for aid from the U.S. does not come as a surprise for the simple fact that citizens living under the supreme leadership of Kim Jong-un live in absolute poverty. Although the state-run government experiences hardship by trying to provide an adequate supply of food for citizens; the government spends a huge sum of money to maintain a large military force.

This has to be taken in the context of the considerable global recession that has been in play since 2008, the results from which North Korea was largely shielded due to its insularity. In general terms, the North Korean economy is still far poorer than most other Asian nations.

Sarah Yun, the author of Kaesong Industrial Complex: Is it Changing The DPRK?, describes the important infrastructure required, “the restoration of road and rail links and economic assistance projected included aid… ventures in mining, agriculture, and tourism and textile production” (Yun). As Yun expresses, all those components were agreed by both countries. Schattle, one of the authors of Pacific focus articles explicates that the KIC was a concept in which “warming ties between the Koreas, was considered a test case for reunification. It join South Korean knowhow and technology with inexpensive North Korean labor” (Schattle). However, infrastructure is an essential component so that those industries can transport effectively their goods. The complex requires different manufacturing facilities to use heavy machinery and constant passage of carrying vehicles. The type of infrastructure in KIC delays transportation of goods and commodities between both countries. The complex’s logistics lack proper maneuvering of goods from one place to another. The delays decrease production and South Korean companies begin to lose lucrative opportunities of profit. This at the long run discourages new South Korean businessmen to come to the complex and invest.

At the end of World War II, Korea was a poor former agricultural colony of Japan. But the rapid growth of Korea’s industrial economy has been remarkable. The economy of South Korea is now the third-largest in Asia and the 13th largest in the world by GDP as of 2007. To trace back the economic development of South Korea, the former president Park Chung-Hee played a pivotal role, and was credited for shifting its focus to export-oriented favoring a few large conglomerates. Unlike his predecessors, Park showed a strong commitment to economic development, believing good economic performance as a primary means for enhancing his political legitimacy. Under the President Park Chung-Hee’s era, the government played a dominating role in a